Bank announces Financial Results for Quarter ended, 30th June 2026.
As an enhanced security measure, our official Corporate Website has migrated to a new domain : https://bankofbaroda.bank.in
With Bank Of Baroda personal loan, you get lowest interest rates, instant approval with minimal documentation. Checkout Bank of Baroda personal loan interest rates & eligibility. Apply now!
Apply for Bank of Baroda Home Loan online at the lowest interest rates. Checkout our home loan eligibility, interest rates, documentation. Get instant home loan approval. Apply now!
Car Loan: Apply for auto loan online by Bank of Baroda at an attractive interest rates & easy EMI option. Upto 90% financing on on-road price. Buy your dream car today!
Why should finance come in the way of future? Getting an education loan is an easy way to finance your dreams. A student loan can help you get into the university of your choice. Bank of Baroda is here to finance your dreams, education & career goals.
The easiest way to save for you, for your loved ones, and for your future. A savings account gives you the liberty to choose according to your needs and additionally give you benefits for all your transactions. With a gamut of savings account features on the table, Bank of Baroda is here to make your banking simple and easy!
Open Current Account online at Bank of Baroda to meet all your banking needs. Go to our website to learn more about the different types of current accounts we offer and apply now!
Bank of Baroda deposit plans offer convenient solutions to both working individuals as well as senior citizens. These deposits are categorised into deposits with a term period of less than 12 months, more than 12 months and recurring deposits.
An account for all. B3 Silver Account comes with maximum savings and zero Quarterly Average Balance (QAB). Also, make the most of coins and annual offers from Loyalty Rewardz to fulfill yearlong subscriptions and shopping.
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Bank of Baroda focuses on its employees, offering a career rather than just a job. Various initiatives are in place to groom employees throughout their life cycle. A comprehensive talent management system to groom future leaders of the bank.
Bank of Baroda offers various types of personal banking cards such as Credit, Debit, Prepaid, Business & Travel Cards. Choose the one best suited card for your needs.
02 Dec 2022
WhatsApp Banking - Introduction
What is WhatsApp Banking?
Why is WhatsApp banking a natural choice?
Attributes of WhatsApp as a Banking Platform
How Does WhatsApp Banking Work?
So how does WhatsApp banking work?
How to send money through WhatsApp?
Fingertip banking start chatting with your bank
Wrap up!
Banks are trying to win tech-savvy customers with a digital-first experience. WhatsApp banking is another addition to this convenience package of digital banking. As Avi Lousky, VP of Product Management, at Lightico points out, "When bankers can take customers through a single, seamless journey, everyone wins”. Making customers' banking journeys comfortable with personalised and contextual customer experience, WhatsApp banking creates closer interactions with customers.
WhatsApp is a direct platform that allows banks and customers to meet in an instant window. Banking services on WhatsApp were launched in India in 2020 partnering with Meta authorised Technical Service Provider. Customers can receive direct messages from the bank on new product notifications and alerts in their messenger. Customers can send direct messages to their bank seeking answers to their queries. From typical banking inquiries on fixed deposits, Debit Card related services, Cheque book related services, preapproved loans, credit cards and outstanding amounts.
In 2021 India had 487.5 million people communicating on WhatsApp, according to a survey conducted by https://worldpopulationreview.com/country-rankings/whatsapp-users-by-country . With such a huge customer base bridged by WhatsApp, banking services through WhatsApp are a convenient option.
WhatsApp as a Banking Platform comes with safety features bolstering user confidence.
Adding security and privacy to this private account General Data Protection Regulation adds features like no message archiving, encryption and pseudonymization to build a framework where your data is secure.
Further securing data and making all banking-related confidential information watertight, they can be shared safely in the interface.
Banks take extra care to safeguard all customer information. Running multiple secure transmissions through penetrative tests, the IT security enables to scan and remove vulnerabilities whenever they deem necessary.
Banking services on WhatsApp are mostly guided by AI. A virtual banking chat box guides customers through simple tasks like opening accounts, getting details on their existing accounts and other banking tasks.
Payments through WhatsApp were launched via UPI in the year 2020. WhatsApp banking services does not allow payment transaction through WhatsApp. The Payment module under WhatsApp is managed by Meta with the help of NPCI.
You can get all the information about WhatsApp banking from your bank's website. Once registered, you can start chatting with your bank by sending a 'Hi' to initiate the conversation and agree with the terms and conditions of WhatsApp banking set by your bank.
Digital banking through WhatsApp is completely safe only if you do not lose your phone. Make sure when using WhatsApp banking, to keep your phone locked. If the phone is stolen, contact your bank to deactivate your WhatsApp banking account. Though banking technology is in its nascent stages, banks are moving towards delivering easy-to-navigate services through seamless digital platforms offering branch experience through improved and extended technologies.
The contents of this article/infographic/picture/video are meant solely for information purposes and do not necessarily reflect the views of Bank of Baroda. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Bank of Baroda and/ or its Affiliates and its subsidiaries make no representation as to the accuracy; completeness or reliability of any information contained herein or otherwise provided and hereby disclaim any liability with regard to the same. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Bank of Baroda or its affiliates to any licensing or registration requirements. Bank of Baroda shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
Different types of digital banking systems in India have not only touched the urban elite but are also permeating the rural sector. Digital banking is categorised by different types of digital payments. These modes of digital payment use electronic means replacing cash and cheque. Let us discuss this in detail.
With technology filling gaps in the banking sector, digital savings accounts are answers to long winding queues and endless document verifications needed for savings accounts. In the words of Brett King CEO and co-founder of Moven, 'Banking has to work when and where you need it,' and that is the exact purpose that a digital savings account serves. Liberating you from tedious procedures, digital banking, first through internet banking and now through smart mobile banking apps, has redefined banking concepts. Saving accounts can be opened instantly with all banking features embedded in an app, your account is at your command, without the requirement of a physical presence at the branch. Supported by strong government and RBI initiatives, digital-first solutions have ushered in a new digital age in banking. It is banking with added features and more customer convenience features as compared to regular savings accounts.
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